Post
Topic
Board Altcoin Discussion
Re: ETH 2.0 has still no Effect on ETH price
by
Paycoinzzz
on 14/12/2020, 18:34:38 UTC
Everyone know ETH 2.0 is recently Passed  and unfortunately I had not seen any positive changes in Ethereum Price .
I am so 😲 shocked that why ethereum 2.0 doesn't effect the price of ethereum just like bitcoin halving effect the bitcoin price like halving make BTC price higher . but Ethereum 2.0 doesn't show anything till now.
Please share your thaughts about this it will be pleasure for me
I think you've got some confusion here about ETH 2.0 as well as their PoS scheme coming.  You should know that the news about Ethereum 2.0 updates dates back more than a year.  All traders or investors have had a buy mentality for a long time.  I can even confirm that Ethereum 2.0 had a strong impact on the price of ETH in March when the price suddenly plummeted.

The current problem where ETH has not been able to break the $ 620 resistance zone and reach $ 700 or $ 800 is that Bitcoin has yet to break resistance at the $ 20,000 price zone.  They all need corrections and accumulation, after which they can have enough buying force to break the strong resistance zone above. Smiley